Dominos Pizza UK (OTCMKTS:DPUKY – Get Free Report) declared that its board has authorized a stock repurchase program on Monday, September 1st, RTT News reports. The company plans to buyback 0 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.
Dominos Pizza UK Stock Performance
DPUKY opened at $5.65 on Thursday. Dominos Pizza UK has a twelve month low of $5.35 and a twelve month high of $8.91. The company has a 50-day moving average price of $6.27 and a 200 day moving average price of $6.96.
Dominos Pizza UK Cuts Dividend
The business also recently declared a dividend, which will be paid on Tuesday, October 14th. Investors of record on Monday, August 18th will be given a dividend of $0.0765 per share. This represents a dividend yield of 434.0%. The ex-dividend date is Friday, August 15th.
About Dominos Pizza UK
Domino’s Pizza Group plc owns, operates, and franchises Domino’s Pizza stores. It operates stores in the United Kingdom and the Republic of Ireland, as well as leases its stores. The company was formerly known as Domino’s Pizza UK & IRL plc and changed its name to Domino’s Pizza Group plc in May 2012.
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